AT&T and Verizon will launch trials of their new contactless payment system – codenamed Mercury – at markets in Minneapolis, Atlanta, Salt Lake City and Austin, Texas according to fiercemobilecontent.com.
Participating customers will be able to pay for a variety of goods and services with NFC-enabled smart phones operating on Discover Financial Services’ payment network.
T-Mobile also has a stake in the venture, as well as UK’s Barclays, who will help manage users’ credit accounts.
Trials are expected to commence in mid-2011.
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